52 Loans

Transferee companies: other provisions

52 Ìý³¢´Ç²¹²Ô²õ

(1)     This section applies if any property, rights or liabilities are transferred under a transfer scheme to a transferee which at the time of the transfer is a company falling within subsection (3).

(2)     With the Treasury's approval the Secretary of State may make loans of such amounts as he thinks fit to the transferee if when the loans are made it is a company falling within subsection (3).

(3)     A company falls within this

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